Hearing about MLM or Multi-Level Marketing business, some people will usually frown their brows and wonder if the business that was popular in the 90s is still profitable? As previously known, MLM or which stands for Multi-Level Marketing is a business that uses a tiered marketing strategy. Many say, running this business is as profitable as someone who has a credit card. You can also check our website and find out Jeunesse Global.
This strategy directs salespeople or salespeople to get their own benefits or compensation for the sale value they produce. The uniqueness of this MLM is that this compensation is not only based on the selling value of a product but also the selling value they get when they get someone they recruit to become a member.
Of course, we very often hear the terms “upline” and “downline”, which are very familiar in the MLM business. Up Line is a salesperson who has previously sold a number of products based on the order of successful recruits and registrations. Furthermore, if it is profitable, Up Line will be obliged to get a Downline with the lure that they will get a lot of compensation from the company. Then why will a business with the concept of Multi-Level Marketing survive, even though the sales of a product using digital media are getting higher? Here are some reasons why MLM will still be an option to increase your coffers of money.
The opportunity to get additional income
Running MLM means having the possibility to increase your coffers of money by selling products and getting new sales or what is also known as a down line. If you already have a structured sales team and do have a “trading mentality”, you can be sure that your income will continue to increase and multiply. Meanwhile, if you work for a company or government agency, your income is limited in accordance with the wages that are in accordance with labor regulations and laws. The potential for multiplying profits is the reason why the MLM business will survive in today’s digital era.